Analyst, Matt Tucker, said, "We assess TISI's growth has outpaced its end markets in both the recent and longer-term past due to market share gains and the gradual expansion of TISI's service offerings, and expect these trends to continue going forward. Our channel checks indicate a long-term trend of customers preferring to consolidate their maintenance and inspection services with larger contractors that provide multiple service lines to multiple locations, which benefits TISI with its 10 service lines and 100+ locations in North America, while most of its competitors remain "mom & pop" contractors with one or two service lines and locations."